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Home My WebLink AboutOrdinance #1022 oRDINANCE NO. 10 2 2 AN ORDINANCE PRO~TIDING FOR THE MANATER OF SALE OF C~Rr!'AIN REAL PROPERTY OWNID BY THE CITY OF CANTON, FULTON COUNTY, ILLINOIS. WHERF~AS, the City of Canton has become the owner of record of certain parcels of real property hereinafter described; and, Wf~RE~S, the Legal and Ordinance Committee, in conjunction with the i ComYwriity and Industrial Development Committee, has determined that the real property hereinafter described is no longer necessary, appropriate, required for the use of, profitable to, or for the best interest of the City of Canton; and, WI--iEFFtEAS, the City Council of the City of Canton, Fulton County, Illinois has made a similar determination. NOW, THEREFORE, BE IT ORDAIl~iED BY THE CITY COUNCIL OF THE CITY OF CAN'I~ON, Fulton County, Illinois as follows: 1. That real property presently owned by the City of Canton, being located and legally described as follows, to wit: PARCEL, NUr'IBER ONE: Legal Description: Lot Number Thirty (30) in Anderson's Fourth Addition to the City of Canton, Fulton County, Illinois. CamYtr~n Address: 646 Anderson Place Canton, Illinois Minimum Required Bid: $1,148.00 PARCEL NUMBER TWO: Legal Description: Lot Number Thirty-seven (37) in W.N. Maloney's Addition to the City of Canton, Fulton County, Illinois. ColTiTYJn Address: 818 Anderson Place Canton, Illinois Minimum Required Bid: $1,100.00 PARCEL NUMBER THF2EE: Legal Description: Lot Number Twenty-nine (29) in Wytnan's Addition to the City of Canton, Fulton County, Illinois. Commpn Address: 1007 East Walnut Street Canton, Illinois Mininamn Required Bid: $1,890.00 PARCEL NUMBER FOUR: Legal Description: Lot Ntunber Sixty-eight (68) in Barnes and Jones' Addition to the City of Canton, Fulton County, Illinois. Ca-iron Address: 559 East Elm/10 South Sixth • Canton, Illinois Minimum Required Bid: $2,270.00 be let for the sale of such property under the direction of the Department of Community Development, City of Canton, by and with the advise of the City Attorney, and in the conformity with the laws of the State of Illinois and the Ordinances of the City of Canton thereto appertaining. ~ 2. That public notice of the foregoing proposed sales shall be as by law made and provided. 3. That the use of each of the foregoing parcels of real estate has been residential in nature and that the present use of each of the aforesaid parcels is as determined by reference to the City of Canton's zoning ordinance and map, as the same may be from time to time amended. 4. Conveyance of title to any successful bidder shall only be by a quit- claim deed. 5. The City of Canton shall show merchantable title to any successful bidder by either, in the City of Canton's sole descretion, abstract of title or a car~nittment to insure title in the amount of the purchase price. 6. Upon acceptance of any bid, the purchase price shall be placed in escrow with the City (or, some other acceptable escrow agent), pending closing. Closing shall be within thirty (30) days of acceptance of bid unless extended by the parties. 7. The City of Canton reserves the right to reject any and all bids and with respect to each and all of the foregoing parcels of real property. 8. Bids shall be submitted to the City Clerk, City Building, 210 East Chestnut Street, Canton, Illinois 61520, on or before July 3, 1984 at 5:00 o'clock P.M. local time.. Late bids will not be considered. All bids submitted shall be opened before the Canton City Council at its regular meeting of July 3, 1984. 9. That this Ordinance shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois and approval by the Mayor thereof. PASSID by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 5th ~Y of June , 1984, upon a roll call vote as follows: AYES: Aldermen Kovachevi~h, Hammond, Savill, Sarff, Workman, Carl, May, Horr. NAYS: None. ~~; None. APPRC7VID: ,~ ? ~ Donald`E. Edwards, Mayor. Nancy 4d~ites, City Clerk ~ INVITATION FOR BIDS PUBLIC NOTICE IS HEREBY GIVII~1 AS FOLLOWS 1. The City of Canton is accepting bids for the sale of the following described residentail parcels of real estate located within the City~of Canton, to-wit: PARCII, NUMBER ONE: Legal Description: Lot Number Thirty (30) in Anderson's Fourth Addition to the City of Canton, Fulton County, Illinois. Common Address: 646 Anderson Place Canton, Illinois Minimum Required Bid: $1,148.00 PARCEL NUDGER TWO: Legal Description: Lot Number Thirty-seven (37) in W.N. Maloney's Addition to the City of Canton, Fulton County, Illinois. Common Address: 818 Anderson Place Canton, Illinois Minimum Required Bid: $1,100.00 PARCEL NUMBER THREE: Legal Description: Lot Number Twenty-nine (29) in Wyman's Addition to the City of Canton, Fulton County, Illinois. Common Address: 1007 East Walnut Street Canton, Illinois Minimum Required Bid: $1,890.00 PARCEL NUMBER FOUR: Legal Description: Lot Nwnber Sixty-eight (68) in Barnes and Jones' Addition to the City of Canton, Fulton County, Illinois. Common Address: 559 East Elm/10 South Sixth Canton, Illinois Minimum Required Bid: $2,270.00 2. All bids shall be sealed; shall identify the parcel or parcels being bid upon; and, shall set forth the price bid, per parcel. 3. All bids shall be submitted so as to be received by the City Clerk no later than 5:00 o'clock P.M., local time, on date of July 3, 1984. Late bids will not be accepted. All bids properly submitted shall be opened at the regular City Council meeting of July 3, 1984. 4. The City Clerk's address is: City Clerk, City Building, 210 East Chestnut Street, Canton, Illinois, 61520. 5. The City of Canton reserves the right to reject any and all bids submitted and with respect to each of the aforesaid parcels of real estate. If bidder is suc- cessful, he shall, upon acceptance of his bid, be required to execute a written agreement for such sale. 6. Upon acceptance of any bid, the purchase price shall be placed in escrow with the City (or, same other acceptable escrow agent), pending closing. Closing shall be within thirty (30) days of acceptance of bid unless extended by the parties. ' 7. Use of the foregoing parcels of real estate shall be deternuned by s reference to the City of Canton's zoning ordinance and map. All parcels of real estate are presently residential in their nature and use. Nancy Whites, City Clerk City of Canton, Illinois *************************************************************************** INSTRUCTIONS TO PUBLISHER: Publish the foregoing as a legal notice once each week for three successive weeks with the first such publication being no later than June 12, 1984. Send your bill and certification to the City Attorney, City Building, 210 East Chestnut Street, Canton, Illinois, 61520